JFrog Ltd. (NASDAQ:FROG) Receives Average Rating of “Moderate Buy” from Brokerages

JFrog Ltd. (NASDAQ:FROGGet Free Report) has received an average recommendation of “Moderate Buy” from the twenty-three brokerages that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and twenty-one have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $109.4762.

A number of analysts have commented on FROG shares. Guggenheim boosted their price target on shares of JFrog from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Citigroup reaffirmed a “buy” rating on shares of JFrog in a research note on Monday, June 8th. JPMorgan Chase & Co. lifted their price target on JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. DA Davidson reissued a “buy” rating and issued a $115.00 price objective on shares of JFrog in a research note on Friday, September 4th. Finally, Truist Financial upped their price objective on JFrog from $105.00 to $110.00 and gave the company a “buy” rating in a report on Friday, August 7th.

View Our Latest Report on JFrog

JFrog Trading Up 1.9%

Shares of JFrog stock opened at $94.80 on Wednesday. The stock has a market capitalization of $11.69 billion, a price-to-earnings ratio of -256.21 and a beta of 1.28. JFrog has a twelve month low of $34.05 and a twelve month high of $105.76. The business’s 50 day simple moving average is $88.69 and its 200-day simple moving average is $70.88.

JFrog (NASDAQ:FROGGet Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $163.77 million during the quarter, compared to the consensus estimate of $155.63 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.The firm’s revenue was up 28.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.18 EPS. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. Sell-side analysts predict that JFrog will post -0.11 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Eduard Grabscheid sold 8,436 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $91.60, for a total transaction of $772,737.60. Following the completion of the sale, the chief financial officer directly owned 192,060 shares of the company’s stock, valued at $17,592,696. This represents a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Tali Notman sold 18,794 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $86.98, for a total transaction of $1,634,702.12. Following the sale, the executive owned 668,678 shares in the company, valued at $58,161,612.44. This represents a 2.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,010,902 shares of company stock worth $93,883,131. Company insiders own 11.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. SkyView Investment Advisors LLC bought a new stake in JFrog in the second quarter valued at $500,000. IPG Investment Advisors LLC bought a new position in JFrog in the 2nd quarter worth approximately $228,000. WINTON GROUP Ltd boosted its holdings in JFrog by 37.9% in the second quarter. WINTON GROUP Ltd now owns 11,800 shares of the company’s stock valued at $1,072,000 after acquiring an additional 3,244 shares during the last quarter. IFP Advisors Inc raised its stake in shares of JFrog by 4.7% during the second quarter. IFP Advisors Inc now owns 6,872 shares of the company’s stock worth $625,000 after buying an additional 309 shares during the last quarter. Finally, Allworth Financial LP boosted its position in shares of JFrog by 83.1% in the 2nd quarter. Allworth Financial LP now owns 648 shares of the company’s stock worth $59,000 after purchasing an additional 294 shares during the last quarter. 85.02% of the stock is currently owned by institutional investors and hedge funds.

JFrog Company Profile

(Get Free Report)

JFrog Ltd. (NASDAQ: FROG) develops a software supply chain platform designed to help organizations manage, secure and automate the delivery of software. Its technology supports developers and operations teams throughout the application lifecycle, from source code and package management through continuous integration, release and deployment.

The company’s product portfolio includes JFrog Artifactory, a universal repository for storing and distributing software packages and artifacts, as well as JFrog Xray, which provides security and compliance analysis for software components.

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Analyst Recommendations for JFrog (NASDAQ:FROG)

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